Nine Energy Service Overview
Latest ROE for Nine Energy Service: 46.55% — see history and peer comparisons.
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Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
Nine Energy Service posts a ROE of 46.55%. That is above the Energy sector average of 13.71%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
For Energy stocks, a ROE near 13.71% is typical. Nine Energy Service's 46.55% is higher that level. That is roughly 239.5% above the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
Nine Energy Service's ROE moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is 46.55%; use YoY and peer views to separate noise from signal.
Context for NINE's ROE usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 13.71%), and (3) consistency with growth and profitability. This page covers the first two; Nine Energy Service's other metric pages and overview cover the third.
Judging Nine Energy Service against Energy peers is usually better than using a market-wide rule of thumb. Business models inside Energy are more comparable, which makes gaps in ROE easier to interpret. Start with 46.55% here, then scan peer and history charts to see if the gap is persistent.
